Bitcoin rises 5.6% to $49,337.72

(Reuters) – Bitcoin rose 5.63 % to $49,337.72 by 0800 GMT on Sunday, together with $2,628.83 to its earlier shut.
Bitcoin, the world’s largest and best-known cryptocurrency is up 77.9% from the 12 months’s low of $27,734 on Jan. 4, and down 24% from the 12 months’s extreme of $64,895.22 hit on April 14.
Ether, the coin linked to the ethereum blockchain neighborhood, rose 6.1 % to $3,868.42 by 0800 GMT on Sunday, together with $222.41 to its earlier shut.

(Reporting by Vishal Vivek in Bengaluru; Editing by David Clarke)

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